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to find it just >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." here is a political sizzler. are the republicans setting up a circular firing squad? has karl rove declared war on the tea party? if he has, it's a real bad idea. >>> also tonight, the stock market takes its biggest correction of the year across the board. some are blaming spain. nonsense. i say buy the correction back. profits are the mother's milk of stocks and theorizing. >>> you saw it last night. get this. beyonce met solyndra in new orleans. the greenest super bowl in history delivered a 35-minute power outage. who will take the rap? "the kudlow report" begins right now. >>> first up tonight republicans lost big last november. now they're trying to come up with a new unified branding message. here's karl rove declaring war against the tea party. heck, why not a firing squad? it might be easier. it might be cheaper. i don't get this at all. here now with the story, cnbc contributor robert costa from the national review. robert, what is this? what's going on here? >> it's a big story,
, everyone, i'm larry kudlow, this is the "kudlow report." okay. repeat after me, america. spending cuts and limited government are good for economic growth. it's called free market capitalism and, get this, despite the armageddon scare tactics coming out of team obama, we took a closer look at the cbo numbers and this big bad budget cut is not -- is just $44 billion. it is not the $85 billion that has been advertised. and you know what, $44 billion compared to our overall budget spending and our gdp is nothing. but many of the mainstream news media are echoing white house scare tactics and one question is whether the gop can take the pressure. there's eight days before the sequester kicks in. can republicans take the pressure? and finally, let's not forget the other big money stories right now, stocks suffer their first day of the year on fears maybe the fed may stop all that money printing. but i think that too is much ado about nothing. help is on the way, the "kudlow report" begins right now. >>> first up this evening, president obama continuing to resort to sequester scare tactics,
capitalism that larry kudlow has raised questions about. mr. kudlow's vision is why did citigroup allow him to have a bonus when he departed the bank, when he led one of the worst divisions in the history of any banking department, any bank ever? >> i bet mr. session would have preferred to be nominating you. however an hour ago lew was confirmed by the full senate. that wasn't the only mention you got. business insider naming you one of the best dressed in the business of business news journalism. they think your french cuffed shirts and pin stripe suits are sharp. they love your glasses and pocket square and american flag lapel pin that you wear as well. several other of our colleagues also making the list, courtney regan, andrew ross sorkin, sue herrera. >> i'm in good company. i appreciate it. bertha coombs thanks for helping out. our panel will be back and we have a comment on a bunch of things. up next one of the most talked about political decision out there. this is a move not to invite chris christie to the big cpac conference. we'll talk to the man who runs cpac and ask him why be
you tomorrow. >>> good evening, everyone. i am larry kudlow. this is the kudlow report. the bernanke rally is the fed chairman promises easy money as far as the eye can see but he also made news by speaking out against the sequester budget cutting plan saying it would damage the economy. it doesn't matter because the sequester will happen anyway on friday and we'll talk about all of that with senator tom coburn. meanwhile, president obama won't stop his sequester scare tack i can roadshow. he is calling it a self-inflicted wound on the economy and john boehner has it right telling democrats to get off their ass and pass a pill and with all due respect to my friends at cpac, they're nuts not to invite new jersey chris christie to speak at their upcoming convention. governor christie is a mainstream conservative. i am larry kudlow. the kudlow report begins right now. >>> bernanke and john boehner all today chief washington correspondent john harwood joins us with the details. good evening, john. >> good evening. more today of this long running effort by president obama to goed republic
tomorrow. >>> good evening, everyone. i'm larry kudlow. this is "the i'm larry kudlow. this "the kudlow report." haywire italian election may be leading to a luhung parliament d a possible revote. investors worry what is coming out of italy next. and is their whole budget-cutting plan effectively demolished? meanwhile in washington, the democrats are caving in on the budget cutting sequester. now in four days, we are going to have it. there's a new battle brewing, however, and that is how to avoid a government shutdown at the end of next month. my thought, i'm still calm about this. there will be no government shutdown. there will be limited government. and ultimately it will all be bullish for stocks and the economy. that is my optimistic view. >>> and finally, what in the world was popular first lady michelle obama doing in the spotlight last night at the oscars? what was hollywood trying to say by giving away the most important moment of the evening? i don't know. we'll find out. "the kudlow report" begins right now. >>> let's start with today's rough day on wall street. turns out it
cramer and i will see you tomorrow! >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." all right, yesterday gdp fell slightly. today jobless claims jumped by 38,000. so is the obama economy really slumping? and how stupid is it for the president to dissolve his jobs council, which by the way was nothing more than business window dressing anyway. at least today congress did pass a debt ceiling extension so we won't go bankrupt immediately. joining me now, cnbc chief international correspondent michelle caruso cabrera and laffer. i want to ask you about this whole business. government spending on defense really collapsed and helped bring down yesterday's gdp. >> yes, it did. >> so all the liberals are saying see, we told you so, if you cut spending, you're going to ruin the economy. do you believe that? >> no, not at all. government spending is taxation. milton always said it. the government redistributes resources. you can see it really clearly. two-person world, farmer a and farmer b, if farmer b gets unemployment benefits, who do you think pays for them, farme
evening, everyone. i'm larry kudlow. this is "the kudlow report." so the sizzle story tonight. the dow jones stock index passed a major milestone today, moving above 14,000 for the first time since 2007, 2007. and by the way, the s&p 500 remains above its milestone of 1,500. profits are the mother's milk of stocks. you've heard me say that a million times. as long as profits keep rising, and the fed stays easy, i think this unappreciated rally may continue for a good long time. but much more on that coming up. first we go to cnbc's bob pisani on the floor of the new york stock exchange with today's big numbers. good evening, robert. >> reporter: larry, the dow finally crossed 14,000, but a lot of people were wondering why the rally given the tepid jobs report. i'll give you five reasons for it. number one, the revisions in the jobs report in november and december were significant. and the bottom line is the job market was better than a lot of people thought in 2012. second, it was the first day of the month and we saw significant inflows. volume was strong. that was a major factor in t
. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." we are going to sizzle with some sequester scare tactics tonight. it's all a lot of bunk. first they told us budget cuts would hurt the recovery. then they told us they would compromise border security. now attorney general eric holder urns warns we could see crime running rampant in the streets. and finally, nancy pelosi says these budget cuts are like a childish tantrum. >> it's frivolous. it's irresponsible. it's immature. and it is not in the interest of growing the economy of our country. >> okay. fine. but you know what? it doesn't really matter what they say because the sequester is going through in two weeks. trust me on that. and we have crunched the numbers, and the sequester only cuts 1.2% of the spending for the whole year. that's it. 1.2%. but guess what? cutting the growth of government spending will help this economy, not hurt it. "the kudlow report" begins right now. of. >>> and we have a very special on-set group with us tonight. i am totally surrounded. it is ladies' anytime. we have "time" magazine
'm larry kudlow. this is "the kudlow report." finally, somebody, something in washington is willing to make a real budget cut. the u.s. postal service says it's ready to stop saturday delivery beginning this summer. it will save them $2 billion. unfortunately it's losing $16 billion a year. it's a start. more budget cuts may be coming. house speaker john boehner saying today he won't bail out the president when it comes to the sequester budget cut. and eric cantor says the spending cut sequester is going through. i will talk to mr. cantor in a little while. the u.s. and global stock market continues. japan is up 32%. first up this evening, neither snow nor rain nor saturday. the post master general today announcing the postal service will stop saturday letter deliveries. take a listen. >> a typical large organization would have either cash on hand or borrowing ability. two months worth of cash to cover operating costs. in october this year the postal service had less than four days of cash on hand. that's a scary situation. it's no situation that a business should be in. >> all right. sound
. >> we'll look at that. and our very own larry kudlow says automatic spending cuts to kick in on march 1st could be really good for the economy. really, larry? we'll hear his thoughts on that. that's when we return here on cnbc, first in business worldwide. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 deposit, tdd#: 1-800-345-2550 and get 6 months commission-free trades. tdd#: 1-800-345-2550 call 1-866-294-5411. makes it easy for anne to manage her finances when she's on the go. even when she's not going anywhere. citibank for ipad. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. >>> just a remi
and they'll do it >>> good evening. i'm larry cud doe. this is "the kudlow report." president obama's poll numbers are way down and lack of jobs is the key reason. the president has no priority growth plan. the s & p 500 stock index did rise for the sixth straight week. but a key question tonight is whether apple will pay a bigger dividend with its excess cash. plus is there really a global currency war that could disrupt the entire world financial scene? >>> and then what about benghazi? at a key senate hearing, the secretary of defense revealed after five months that while four americans died tragically, president obama and hillary clinton were awol and the defense department and the joint chiefs of staff were apparently unable to do anything to save our boys. tough story. we'll talk about it. "the kudlow report" begins right now. >>> first up the big story this evening. the northeast getting pounded with snow. nbc's jay gray is in boston, and that's still expected to be where the worst of it will happen. jay, governor patrick in massachusetts ordered all cars off the road at 4:00 p.m. t
tomorrow! tomorrow. >>> good evening, everyone. i'm larry kudlow. this is the "kudlow report." in a news conference today, president obama sounds a dire economic warning over the sequester he calls for yet another delay in those spending cuts. and he calls for another tax increase. now it's up to republicans to respond. remember, spending cut sequester goes into effect in 24 days on march 1st. the sequester by the way was originally the president's idea. let's get right to what the president said. john harwood joins us thousanow all the details. >> as you know, there are two ways to go about deficit reduction under the sequester law passed in 2011. one is the full ten year sequester. that's $1.2 trillion in budget cuts over ten years. the other is to do it piece meal. if do you it just for the rest of of the year, it would just be $85 billion. president obama said if congress can't agree with the full pack annual by march 1st, we need to do something smaller in the name of staving off damage to the economy, to consumer, and to federal workers. here's the president. >> if congress can't a
'm jim cramer. and i will see you tomorrow. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." the holy father pope benedict xvi announced he will abdicate at the end of this month. health concerns and his worry that he will not be able to adequately lead the world's catholics are the main reasons why. is this a lesson to the world's politicians and ceos? i say you bet it is. >>> also tonight, president obama's state of the union address tomorrow night supposed to be about improving the economy and saving jobs. but i'm hearing tax increases. do they have any faith in this white house? what are they worried about? and can the stock market rally continue if washington starts to meddle again too much? we'll ask top names like bob lutz, obama supporter robert wolfe, and many more. >>> speaking of government meddling, red flags up again about obama care. killing jobs, even government jobs. one of the nation's most prominent surgeons told president obama to his face at last week's national prayer breakfast that he has a much better idea nap surgeon is going to join us
ryan. and he went on larry kudlow, i saw larry kudlow last night, and said, hey, you know they're doing the indexes. i told larry that's bad policy. economic conservatives. for doing that. while the president is throwing it out there trying to give to the public, hey, there's bipartisan -- there's really not. >> there are studies out there, small business group sponsor studies that suggested if you raise the minimum wage, you'll end up having fewer workers, predominantly lower skilled workers. there's a report that suggested $11 billion in one year in terms of increased wages for workers at that low end. the problem that boehner has it doesn't really touch on that. >> why not bring out the defense could be something that deprives people of jobs. >> yes, that would be smart. >> at some point in his press conference today, he did talk about this could hurt job creators but you end with this moral argument that the gop can't stay away because it's embedded in their outlook and fiscal policy. i will say to sam's point, economic policy what the white house cites in terms of raising the minim
on "mad money." i'm jim cramer, and i will see you tomorrow. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." president obama took to the road today selling last night's state of the union message. regrettably i have to say i think i heard one of the most interventionist, regulatory heavy and government-planning messages in the history. still more infrastructure, even capping climate change and all i wanted was full fledged tax reform or maybe the keystone pipeline. the left wing greenies pulling out all the stops and warning the president not to go there. some celebrities even got arrested froprotesting the pipee at the white house today. >> and the head of the unions wants more and more of our taxpayer money and he's threatening any democrat who doesn't go along. and guess who facebook executive mark zuckerberg is throwing a political fund-raiser for right at this hours? it's probably not who you think. anyway, we're "the kudlow report." we'll tell you later, but we begin right now. >>> first up, so the president proposing more, more government spending on manu
cramer, i will see you tomorrow. i'm larry kudlow. this is "the kudlow report." we're about seven days from the budget cutting sequester. but don't worry, america. all is going to be well. the sky is not falling. the lower spending and limited government sequester will help grow the economy not harm it. and guess what today? president obama actually dialed up republican leaders john boehner and mitch mcconnell to talk about the sequester. this is good. it's called communication. we'll have a full report coming up from our man in washington robert costa. remember how we told the other night about how federal workers are still getting pay raises despite a so-called pay freeze? it turns out federal worker pensions are facing huge unfunded liabilities that could bankrupt them and force a new taxpayer bailout. but on the whole, folks, have no fear, america. help is on the way. this is "the kudlow report" and it starts right now. >>> all right. first up tonight the sky is not falling. even the president's own press secretary backed up president obama's sequester threat of mass layoffs. take
monday! >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." the sequester scare tactics continue. today's latest warning came from transportation secretary ray lahood, who says our flights should be delayed by 90 minutes. delayed by 90 minutes. really. if you fly out of newark, you should be so lucky to get out in 90 minutes. but seriously, folks. i still believe lower spending and limited government is very good for economic growth and hence i still favor the sequester. however, the defense department should have much more flexibility so we don't endanger our national security and military readiness. general barry mccav raye will weigh in on that. and speaking of growth, despite some overbaked consumer pessimism, stocks bounced back today as the dow finished up 120 points. no fear. free market friday is here, folks. help is on the way. "the kudlow report" begins right now. >>> okay. first up, get ready. just six days. we are finally going to cut some spending. and trust me when i say lower spending and limited government is a good free market pro-growth capitali
larry kudlow, she managed to cut $2,000 out of the white house budget he wrote her a know very fine improvement. >> that is when it was a lot of money. my favorite quote of his was 90% of people coming to washington want something they shouldn't have. >> it is a great minimalist model of the government. >> thank you for coming by. up next time enough of all of this agreement. time for more debate. about to mix it up in tonight's speech. stay with us please. my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. and make your business dream a reality. (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my
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years. linked in can go higher. much higher. there's always a bull >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." chicken little is alive and well in washington. here's the thing, the sequester cuts are tiny when you consider the consider spending explosion in just the last five years and we have the numbers to prove it. >> and secretary of defense leon pan ate made another plea today saying the nation's security would be compromised by the sequester cuts. is that true? president obama's undersecretary of defense says prudent cuts are necessary and comparable. and we'll talk about using drone strikes to kill traitorrous citizens overseas. "the kudlow report" begins right now. >> first up president obama is starting to feel the heat. republicans are less and less likely to give in to his demand to raise taxes and they are publicly presenting a united front over impending budget cuts. that means sequester, which was obama's idea. it's going to happen. but listen to how the president attacked republicans today. >> they recognize that the sequester is a bad idea,
overhead meant to fight the soviet union, japan and, germany, no matter that my old pal and partner, larry kudlow has a terrific piece on cnbc.com today, which points out the entire harm from the sequester this year might come to $44 million, and that's just a quarter of 1% of our gdp. my worries is that the fed will take notice and not do the wrong thing if we go over the sequestration cliff. we thank the conclusion of the payroll tax holiday, and the rising gas prices are weighing on the consumer. does d the fed see that this coming last month when things were rosier. is this when they bail on plans to help the economy and start hurting it? the fed chief is sticking by 6.5% unemployment goal. that's still a percent before the great recession. why should he say anything different? and the fed minutes reflect an economy with more of a head of steam than we have now with mixed data. soo perhaps -- just perhaps, they mean nothing. minutes mean nothing there is no plan to inflict a double whammy in the economy. and the sequester kicks in. these fed meetings, minutes, the fed minutes, the appr
, are there. and on immigration, which is one way republicans are coming his way. >> larry kudlow, tonight you talked about the line between being assertive and confident and overreach. where is that tonight? >> that's a good question. a lot of people hope he will be more centrist including me so he can make a deal. there are a lot of deals out there that need to be made. somewhere in this, carl, i'm looking for a real pro-growth policy measure. maybe i'm wishing against all hope. i want to see some corporate tax reform. sometimes in the past the president has actually proposed that. i would love to see it tonight. i would love to hear it tonight because the economy needs growth. >> we're being told about maybe half a minute or is he until the president enters the room. larry, hopes tonight there will be fewer lines about wind subsidies and more lines about keystone, fewer lines about car intermissions and more about liquefied gas. >> the energy revolution has been a miracle in this country, one of the biggest contributors to growth. let us not cap it. i heard some rumors today about, yes, key
to one of them about why he is so bullish, coming up. >>> larry kudlow is live at post nine. find out why he says the sequester could be a good thing for the economy. sir lawrence is with us after the break. . [ male announcer ] we began with the rx. ♪ then we turned the page, creating the rx hybrid. ♪ now we've turned the page again with the rx f sport. ♪ this is the next chapter for the rx and the next chapter for lexus. this is the pursuit of perfection. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 deposit, tdd#: 1-800-345-2550 and get 6 mo
, everyone. i'm larry kudlow. this is "the kudlow report." you heard it. president obama slams the republicans, predicting dire results if they don't avoid the sequester. but is this the very same president obama who said this about that same sequester less than 18 months ago? >> some in congress are trying to undo these automatic spending cuts. my message to them is simp -- no. i will veto any effort to get rid of those automatic spending cuts domestic and defense spending. there will be no easy off-ramps on this one. >>> well, i wish he would make up his mind. remember, this was president obama's god. now he needs to blame somebody else for it. here's the thing, he should be embracing the sequester. why? smaller government is essential to a prosperous economy. as the mainstream media become the president's lapdog? are they just victims of president obama? even pillars of the media establishment are starting to complain about their lack of any access to the president. now, here's some good news this evening. check out the markets, dow and s&p 500 making new five-year highs, na
. >> that's it for this evening's show. i'm larry kudlow. keep on watching. i love this story about the nordic countries, sweden, norway, germany. all they're doing is lowering tax rates. why can't we do that? i'll see you tomorrow night.
of time at this point. save it for larry kudlow's show tomorrow night. >> there you go. >> see you later. michelle, thank you. and we are listening to you, i promise. >> indeed, we are. >>> we have about 35 minutes before the bell. right now the dow is down better than 100 points. the s&p's also in the negative today. the s&p testing its low. >> we'll see. this has been an interesting half hour. >>> hewlett-packard getting back into the tablet wars. less than two years after its touch pad debacle. what's different this time? we'll tell you next. >>> and find out whether hp chose google's android or to run. back in a moment. [ lorenzo ] i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united states postal service® works for thousands of home businesses. because at usps.com® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. could lose tens of thousands of dollars on their 401(k) to hidden fees.
? larry kudlow is the man in the know and the impact is incredibly small according to kudlow. you can see it on cnbc.com. first, $44 billion is taken out not the 80-plus billion. it's one quarter of 1% of the gdp. let's not forget that sequestration doesn't kill anything. even if larry wishes some things could be shut down and sometimes so do i. isn't there a program we can do without? how about the endless defense of germany and japan and how we're defending the russians, how about the fact that our soldiers in korea are held hostage? no. i'm adamant there should be no increases in taxes. been there, did that. except for the need to turn the high rate into capital gains that's just ridiculous. they have more influence in washington. and despite the scare mongering by the white house, many of the cuts seem like they create inconvenience with furlough. national park closures and food inspections i wish they would post the furloughs all at once, so i can be sure i don't schedule vacations that week and i can stay home and eat packaged foods while w567ing netflix. the democrats should demand
to sell to the world, this for sure. that -- >> larry kudlow was on with us last night and said we don't need a new agreement with the e.u. we've already got agreements with most of the countries involved. so we'll see how much value the marketplace puts on that. >> okay. all right. john harwood. becky's got the next story coming up. just -- a classic. it's -- you know, i got to talk to but this. i really -- let's lets beck dee it. do you have a new view on cayman islands? i know bachus says that mr. lew paid his taxes that he was supposed to pay. this was fully within the law to do it. to have tax shelters in the caymans. i thought you didn't like those as a rule. >> i don't like them. generally speaking. is this place a house of thieves, this -- whatever the heck it is down in -- >> it is. >> it still is. >> it's not a good thing. >> it's not a good thing. >> it's not a good thing. >> i can't imagine that jack lew would -- >> becky has the story that she should probably -- >> it is going to be something that makes for a very interesting story in washington this morning. >>> the senat
to the federal government. the kind of crony capitalism that larry kudlow has so raised questions about. mr. kudlow's vision is why did citigroup allow him to have a bonus when he departed the bank, when he led one of the worst divisions in the history of any banking department, any bank ever. he only got that if he is going to work for the government. and mr. kudlow says this is on it. and he knows wall street, he knows people all through wall street. you have seen him on television nightly. he was an economist for the federal reserve, an economist for the -- chief economist for the senate budget committee at one time and worked with the office of management and budget. so he -- he raises a question of crony capitalism. why? maybe the citibank in desperate straits, wall street financial community in desperate straits. wouldn't it be nice to have our guy move over to the white house, be right in the president's office and be director of office of management and budget. we're glad to see him go over there and we're glad to pay a million dollars. maybe he will take our phone call. that's what
Search Results 0 to 33 of about 34 (some duplicates have been removed)